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DP World offers to help Indonesia in developing ports, trade infrastructure
DP World and Indonesian officials sign an agreement to develop port and trade infrastructure.
dubai - DP World will share its expertise in increasing efficiencies, training and development for employees and developing multi-modal transport hubs
As part of a technical assistance contract, DP World will share its expertise in increasing efficiencies, training and development for employees and developing multi-modal transport hubs. The agreement was signed by DP World group executive vice-president and chief operating officer Anil Wats and state-owned port operator PT Pelabuhan Indonesia (Pelindo) I president director, Bambang Eka Cahyana.
The event was also attended by Indonesian Minister of State-Owned Enterprises Rini M Soemarno, Indonesian Ambassador to the UAE, Husein Bagis and senior DP World executives.
DP World Group Chairman and CEO Sultan Ahmed bin Sulayem said: "This partnership highlights Indonesia's efforts to accelerate development of its ports and trade infrastructure, something we can help with, given our global experience of advising governments on connecting with international markets. In growing our global portfolio of 78 terminals in 40 countries, we have become a knowledge exporter with insights on how to link countries with the goods they need."
He added that DP World's existing operations at PT Terminal Petikemas Surabaya (TPS) gave them the advantage of understanding local and regional markets. "We look forward to working with the Indonesian port authorities on developing international and domestic trade."
DP World will review operations at Belawan port and advise on efficiency improvements, and plans for the Kuala Tanjung greenfield port and logistics zone to reduce costs, which will impact prices of goods sold in the local market. The agreement is expected to have a positive impact on the social and economic growth of the region.
Trade between Dubai and Indonesia in the first quarter of 2017 totalled Dh1.45 billion.
- business@khaleejtimes.com
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